regulatory
confidence high
sentiment negative
materiality 0.75
SCWorx receives Nasdaq delisting notice for missed Q2 2024 10-Q; extension to Oct 14
SCWorx Corp.
- Nasdaq notified SCWorx on Aug 19, 2024 of non-compliance with Listing Rule 5250(c)(1) for failure to file Q2 2024 10-Q.
- Company also delinquent on FY 2023 10-K and Q1 2024 10-Q; all delayed after dismissal of auditor BF Borgers in May 2024.
- Nasdaq accepted SCWorx's compliance plan and granted until Oct 14, 2024 to file all overdue reports.
- New auditor engaged; company expects to file all delinquent reports by the extended deadline.
- Non-compliance triggered by BF Borgers SEC suspension; SCWorx working to complete audit and reviews.